VVUS: VIVUS INC. (NASDAQ) Message Board

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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)

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To: E'Lane who wrote (6947)	4/13/1998 11:55:00 PM
From: AlienTech	Read Replies (1) of 23519

Well looks like long term support from JAN 96 is around 8 1/2-3/4. You think it will hold? Next support is around 7 from even further back. The only good thing I can see form all this is with any positive news all the ones shorting at these levels are going to get burnt. Which aint saying much for the longs cause all the ones selling out are burnt, Double whammy, Its an MM's dream come true, kick em both and make a killing. The weirdest thign in all this is, Its pretty close to over sold, and major distribution is taking palce but Money Flow is still pretty darn high, in fact its at around 60% so looks like more people are willing to buy than sell, this alone shows how much shorting is going on since a short basically has to go to a buyer. cbs.marketwatch.com

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